Krebs Biochemicals Hits Upper Circuit Limit Amid Declining Investor Participation

Apr 02 2025 10:00 AM IST
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Krebs Biochemicals & Industries Ltd experienced notable stock activity today, hitting the upper circuit limit with a high of Rs 69.68. The total traded volume was 0.0131 lakh shares, but the stock remains below key moving averages, indicating a cautious market environment and declining investor participation.
Krebs Biochemicals & Industries Ltd, a microcap player in the Pharmaceuticals & Drugs sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 69.68, reflecting a change of Rs 1.23, or an increase of 1.85%. The last traded price was Rs 67.6, with a low of Rs 66.5 during the trading session.

The total traded volume stood at 0.0131 lakh shares, resulting in a turnover of approximately Rs 0.00896 crore. Despite today's positive movement, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a trend of lower performance over these periods. Additionally, investor participation has seen a decline, with delivery volume dropping by 91.78% compared to the 5-day average.

In summary, Krebs Biochemicals & Industries Ltd's stock performance today highlights a notable upward movement, reaching its upper circuit limit, while overall trading metrics suggest a cautious market environment.
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